IMCD India completed the acquisition of a 70% stake in Valuetree.

IMCD India, a chemical manufacturing, completed the acquisition of a 70% stake in Valuetree, an investment management company. Financial terms were not disclosed. "As the beauty and personal care market in India continues to experience double-digit growth, acquiring Valuetree perfectly fits in our global strategy, it significantly enhances our capabilities and enriches our product portfolio. It further enhances our position as a leading solution provider in India,” Narendra Varde, IMCD India Managing Director.